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Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar - Properties (2) - Nairaland

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Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by qmd24(m): 6:56am On May 28, 2016
webarse:
Perhaps adding a few pictures would have gone a really long way @OP.....FTC Unbelievable. I am Dabbing this grin grin grin....awww they don snatch am.





gbamm
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by eaglechild: 6:56am On May 28, 2016
A regular nice neighborhood by world standards.
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by NaLaugh: 6:57am On May 28, 2016
Nothing justifies it. Nowhere in a country like Nigeria should have real estate prices in that range. At the end of the day, it's still in a third world country.

1 Like

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by kirchofff(m): 6:57am On May 28, 2016
sauceny:
Houses in maitama abuja are expensive than that of banana island
na LIE
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by pinkyliceous(f): 6:59am On May 28, 2016
You sound like a very jealous child who's threatened by the swag of his classmate and sulks about it 24/7.

CzarRex:
FTC

waiting for those igbo boys to storm this thread claiming they were the one who developed banana island.

2 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by ikorodureporta: 7:00am On May 28, 2016
Joetoniruest:
Introduction
Banana Island, is an area of Lagos Island, grouped under Eti-Osa Local Government Area, situated around Ikoyi, Lagos, Nigeria 8.6 kilometres east of Tafawa Belewa Square. This wealthy neighbourhood is known for its multi-cultural community and some of the most expensive real estate is found here. If you are searching for the highly influential, wealthy, top shots in town, you should search no further than Banana Island. From Luxurious homes, to stylish houses, beautiful views, with a well regulated commercial area.

If you never heard about the Island, now you know. Banana Island is Nigeria’s most extravagant and expensive neighbourhood which can be compared with the Seventh Arrondissement in Paris, La Jolla in San Diego, California and Tokyo’s Shibuya or Roppongi neighborhoods.
According to Elites Magazine, this amazing island has become the most preferred dwelling place of the rich. Due to how much houses cost in Banana Island, the middle class are left with options like Lekki, Victoria Island, Ikeja GRA and the likes. A first time visitor to this island is welcomed by well laid lawns with beautiful flowers and well paved roads... and to crown it, the untainted environment surrounded by quietude makes it even more adorable and attractive.

The exclusive playground of Nigeria’s obscenely wealthy, Banana Island is an artificial island built on reclaimed land in North-Eastern Ikoyi-Lagos. From an aerial view, the island is actually shaped like a banana, hence its name. Sitting on 1.6 million square meters, the sumptuous island is divided into about 535 plots ranging in size from 1,000 square meters and 3,000 square meters.
Banana Island is a place of unrivalled opulence and grandeur. It’s an entirely different world from other parts of the country.
1) Security
Banana Island is a gated community, meaning exit and entry are monitored, this makes it highly secured. What is luxury if there is no security? Of course terror! Banana Island bridges security gap and optimizes safety for it dwellers.
2) 24/7 power supply
‘’Nepa don take light’’ is a popular and most common phrase amongst Nigerians due to electrical failure but in Banana Island there is never power failure, if at all, it will certainly last only few minutes and its inhabitants enjoy such luxuries as underground electrical systems, the only other place such privileged is the Nigerian President’s villa (Aso rock).
3) Excellent Clean Water Supply
In Banana Island the water supply networks systems are on point. Not only do they have steady water supply but also well treated water. Those staying around the Lekki axis know it is luxury to have clean water without the harsh odour of chlorine due to the bad filtration process. In Banana Island we can say the filtration process is excellent.
4) Good Road Networks
Good road layout is a major advantage of Banana Island. Most cars owners in Lagos cry day and night about how bad their roads are and how much negative effect it has on their cars but the case is different on this Island.
5) Banana Island is a serine environment
Banana Island has a central sewage system and treatment plant. We all know the importance of green areas and how it helps extract carbon dioxide from our air, well laid out green environment is one major setback with residential areas like Lekki and its surrounding but in Banana Island trees are planted in canopy form to serve as umbrella and to supply fresh air. a central sewage system and treatment plant and the well-cherished company of fellow wealthy folks.
6) Well-cherished company...
.. of wealth folks
Hmmmm need we say more?
Talking of how much a plot of land cost, land in Banana Island goes for hundreds of millions of naira, however in most cases factorizing the size, land goes for billions of naira. Most multinational companies have taken Banana Island to be their regional headquarters.
Written by Blecyn George Monsi

****

Happy Holiday Everyone
undecided
Joetoniruest:
Introduction
Banana Island, is an area of Lagos Island, grouped under Eti-Osa Local Government Area, situated around Ikoyi, Lagos, Nigeria 8.6 kilometres east of Tafawa Belewa Square. This wealthy neighbourhood is known for its multi-cultural community and some of the most expensive real estate is found here. If you are searching for the highly influential, wealthy, top shots in town, you should search no further than Banana Island. From Luxurious homes, to stylish houses, beautiful views, with a well regulated commercial area.

If you never heard about the Island, now you know. Banana Island is Nigeria’s most extravagant and expensive neighbourhood which can be compared with the Seventh Arrondissement in Paris, La Jolla in San Diego, California and Tokyo’s Shibuya or Roppongi neighborhoods.
According to Elites Magazine, this amazing island has become the most preferred dwelling place of the rich. Due to how much houses cost in Banana Island, the middle class are left with options like Lekki, Victoria Island, Ikeja GRA and the likes. A first time visitor to this island is welcomed by well laid lawns with beautiful flowers and well paved roads... and to crown it, the untainted environment surrounded by quietude makes it even more adorable and attractive.

The exclusive playground of Nigeria’s obscenely wealthy, Banana Island is an artificial island built on reclaimed land in North-Eastern Ikoyi-Lagos. From an aerial view, the island is actually shaped like a banana, hence its name. Sitting on 1.6 million square meters, the sumptuous island is divided into about 535 plots ranging in size from 1,000 square meters and 3,000 square meters.
Banana Island is a place of unrivalled opulence and grandeur. It’s an entirely different world from other parts of the country.
1) Security
Banana Island is a gated community, meaning exit and entry are monitored, this makes it highly secured. What is luxury if there is no security? Of course terror! Banana Island bridges security gap and optimizes safety for it dwellers.
2) 24/7 power supply
‘’Nepa don take light’’ is a popular and most common phrase amongst Nigerians due to electrical failure but in Banana Island there is never power failure, if at all, it will certainly last only few minutes and its inhabitants enjoy such luxuries as underground electrical systems, the only other place such privileged is the Nigerian President’s villa (Aso rock).
3) Excellent Clean Water Supply
In Banana Island the water supply networks systems are on point. Not only do they have steady water supply but also well treated water. Those staying around the Lekki axis know it is luxury to have clean water without the harsh odour of chlorine due to the bad filtration process. In Banana Island we can say the filtration process is excellent.
4) Good Road Networks
Good road layout is a major advantage of Banana Island. Most cars owners in Lagos cry day and night about how bad their roads are and how much negative effect it has on their cars but the case is different on this Island.
5) Banana Island is a serine environment
Banana Island has a central sewage system and treatment plant. We all know the importance of green areas and how it helps extract carbon dioxide from our air, well laid out green environment is one major setback with residential areas like Lekki and its surrounding but in Banana Island trees are planted in canopy form to serve as umbrella and to supply fresh air. a central sewage system and treatment plant and the well-cherished company of fellow wealthy folks.
6) Well-cherished company...
.. of wealth folks
Hmmmm need we say more?
Talking of how much a plot of land cost, land in Banana Island goes for hundreds of millions of naira, however in most cases factorizing the size, land goes for billions of naira. Most multinational companies have taken Banana Island to be their regional headquarters.
Written by Blecyn George Monsi

****

Happy Holiday Everyone
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Nobody: 7:01am On May 28, 2016
NOTED. MORE POWER TO MY HUSSTLE.
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by berrystunn(m): 7:02am On May 28, 2016
Point of correction., it's 8th Arrondissement in Paris, (Champs-Élysées) that where I live.
The Most expensive street in the world.

Not Seventh Arrondissement in Paris,...
Take note
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by berrystunn(m): 7:05am On May 28, 2016
Joetoniruest:
Introduction
Banana Island, is an area of Lagos Island, grouped under Eti-Osa Local Government Area, situated around Ikoyi, Lagos, Nigeria 8.6 kilometres east of Tafawa Belewa Square. This wealthy neighbourhood is known for its multi-cultural community and some of the most expensive real estate is found here. If you are searching for the highly influential, wealthy, top shots in town, you should search no further than Banana Island. From Luxurious homes, to stylish houses, beautiful views, with a well regulated commercial area.

If you never heard about the Island, now you know. Banana Island is Nigeria’s most extravagant and expensive neighbourhood which can be compared with t[size=18pt]he Seventh Arrondissement in Paris,[/size] La Jolla in San Diego, California and Tokyo’s Shibuya or Roppongi neighborhoods.
According to Elites Magazine, this amazing island has become the most preferred dwelling place of the rich. Due to how much houses cost in Banana Island, the middle class are left with options like Lekki, Victoria Island, Ikeja GRA and the likes. A first time visitor to this island is welcomed by well laid lawns with beautiful flowers and well paved roads... and to crown it, the untainted environment surrounded by quietude makes it even more adorable and attractive.

The exclusive playground of Nigeria’s obscenely wealthy, Banana Island is an artificial island built on reclaimed land in North-Eastern Ikoyi-Lagos. From an aerial view, the island is actually shaped like a banana, hence its name. Sitting on 1.6 million square meters, the sumptuous island is divided into about 535 plots ranging in size from 1,000 square meters and 3,000 square meters.
Banana Island is a place of unrivalled opulence and grandeur. It’s an entirely different world from other parts of the country.
1) Security
Banana Island is a gated community, meaning exit and entry are monitored, this makes it highly secured. What is luxury if there is no security? Of course terror! Banana Island bridges security gap and optimizes safety for it dwellers.
2) 24/7 power supply
‘’Nepa don take light’’ is a popular and most common phrase amongst Nigerians due to electrical failure but in Banana Island there is never power failure, if at all, it will certainly last only few minutes and its inhabitants enjoy such luxuries as underground electrical systems, the only other place such privileged is the Nigerian President’s villa (Aso rock).
3) Excellent Clean Water Supply
In Banana Island the water supply networks systems are on point. Not only do they have steady water supply but also well treated water. Those staying around the Lekki axis know it is luxury to have clean water without the harsh odour of chlorine due to the bad filtration process. In Banana Island we can say the filtration process is excellent.
4) Good Road Networks
Good road layout is a major advantage of Banana Island. Most cars owners in Lagos cry day and night about how bad their roads are and how much negative effect it has on their cars but the case is different on this Island.
5) Banana Island is a serine environment
Banana Island has a central sewage system and treatment plant. We all know the importance of green areas and how it helps extract carbon dioxide from our air, well laid out green environment is one major setback with residential areas like Lekki and its surrounding but in Banana Island trees are planted in canopy form to serve as umbrella and to supply fresh air. a central sewage system and treatment plant and the well-cherished company of fellow wealthy folks.
6) Well-cherished company...
.. of wealth folks
Hmmmm need we say more?
Talking of how much a plot of land cost, land in Banana Island goes for hundreds of millions of naira, however in most cases factorizing the size, land goes for billions of naira. Most multinational companies have taken Banana Island to be their regional headquarters.
Written by Blecyn George Monsi

****

Happy Holiday Everyone

Point of correction., it's 8th Arrondissement in Paris, (Champs-Élysées)
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by realomonile: 7:06am On May 28, 2016
Okay


A plot of land located at Akesan Lagos state

Along Lasu iyana iba going for 1.5m negotiable
NOTE: Swamps Land

Direct seller...
Serious buyer should call/

whatsapp 08085310359, 09054800167


Hello Nairalanders, i have this land facing Lasu

iba express way all round fenced for sale at rate

of 70million Naira Negotiable,


Available document: Family Receipt, survey plan,


Side attract: facing expressway, close to Lagos

state university, close to Iba New site estate and

alot more


NOTE: This is dry Land...


Good for filling Station, churches, shopping mall,

event center,schools and lot more..


Serious Buyer should contact

Call/Whatsapp: 08085310359

For inspection or call 08033588797


Email: realomonile@ gmail.com

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by ikukuhero: 7:07am On May 28, 2016
Joetoniruest:
Introduction
Banana Island, is an area of Lagos Island, grouped under Eti-Osa Local Government Area, situated around Ikoyi, Lagos, Nigeria 8.6 kilometres east of Tafawa Belewa Square. This wealthy neighbourhood is known for its multi-cultural community and some of the most expensive real estate is found here. If you are searching for the highly influential, wealthy, top shots in town, you should search no further than Banana Island. From Luxurious homes, to stylish houses, beautiful views, with a well regulated commercial area.

If you never heard about the Island, now you know. Banana Island is Nigeria’s most extravagant and expensive neighbourhood which can be compared with the Seventh Arrondissement in Paris, La Jolla in San Diego, California and Tokyo’s Shibuya or Roppongi neighborhoods.
According to Elites Magazine, this amazing island has become the most preferred dwelling place of the rich. Due to how much houses cost in Banana Island, the middle class are left with options like Lekki, Victoria Island, Ikeja GRA and the likes. A first time visitor to this island is welcomed by well laid lawns with beautiful flowers and well paved roads... and to crown it, the untainted environment surrounded by quietude makes it even more adorable and attractive.

The exclusive playground of Nigeria’s obscenely wealthy, Banana Island is an artificial island built on reclaimed land in North-Eastern Ikoyi-Lagos. From an aerial view, the island is actually shaped like a banana, hence its name. Sitting on 1.6 million square meters, the sumptuous island is divided into about 535 plots ranging in size from 1,000 square meters and 3,000 square meters.
Banana Island is a place of unrivalled opulence and grandeur. It’s an entirely different world from other parts of the country.
1) Security
Banana Island is a gated community, meaning exit and entry are monitored, this makes it highly secured. What is luxury if there is no security? Of course terror! Banana Island bridges security gap and optimizes safety for it dwellers.
2) 24/7 power supply
‘’Nepa don take light’’ is a popular and most common phrase amongst Nigerians due to electrical failure but in Banana Island there is never power failure, if at all, it will certainly last only few minutes and its inhabitants enjoy such luxuries as underground electrical systems, the only other place such privileged is the Nigerian President’s villa (Aso rock).
3) Excellent Clean Water Supply
In Banana Island the water supply networks systems are on point. Not only do they have steady water supply but also well treated water. Those staying around the Lekki axis know it is luxury to have clean water without the harsh odour of chlorine due to the bad filtration process. In Banana Island we can say the filtration process is excellent.
4) Good Road Networks
Good road layout is a major advantage of Banana Island. Most cars owners in Lagos cry day and night about how bad their roads are and how much negative effect it has on their cars but the case is different on this Island.
5) Banana Island is a serine environment
Banana Island has a central sewage system and treatment plant. We all know the importance of green areas and how it helps extract carbon dioxide from our air, well laid out green environment is one major setback with residential areas like Lekki and its surrounding but in Banana Island trees are planted in canopy form to serve as umbrella and to supply fresh air. a central sewage system and treatment plant and the well-cherished company of fellow wealthy folks.
6) Well-cherished company...
.. of wealth folks
Hmmmm need we say more?
Talking of how much a plot of land cost, land in Banana Island goes for hundreds of millions of naira, however in most cases factorizing the size, land goes for billions of naira. Most multinational companies have taken Banana Island to be their regional headquarters.
Written by Blecyn George Monsi

****

Happy Holiday Everyone

Thanks a lot for this. I read something almost similar on Wikipedia about a year ago. Suggestion: next time, kindly reference properly. I can see the author's name, but no source. I had sincerely wanted to go visit the source website as such websites could have a lot one could learn from. Thanks
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Horlar995(m): 7:09am On May 28, 2016
@ o.p u forgot to add this: davido's grand father "CHIEF ADEBAYO ADELEKE WAS THE BRAIN BEHIND THE PLANNING AND DESIGN OF BANANA ISLAND"........
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Horlar995(m): 7:11am On May 28, 2016
Horlar995:
@ o.p u forgot to add this: davido's grand father "CHIEF ADEBAYO ADELEKE WAS THE BRAIN BEHIND THE PLANNING AND DESIGN OF BANANA ISLAND"........
Check dz link:
https://en.m.wikipedia.org/wiki/Banana_Island
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Nobody: 7:11am On May 28, 2016
And estate I enter without a pass or call, you're joking about the security monitoring issue, common cooperative villa at Badore you need a gate pass or call confirmation before you are granted entrance. Only God protects.

4 Likes 1 Share

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by lepasharon(f): 7:13am On May 28, 2016
No picture of this island? 1
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by darexkey(m): 7:13am On May 28, 2016
OAU student community has all including the underground electrical system. We can even boast of better security system but one thing i can't guarantee here is excellent clean water especially if you drink that AWO water. So, in a sane community, all these things are nothing much to brag about if not for corruption that has eaten deep into the Nigerian system.

1 Like

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by wheredemdey: 7:14am On May 28, 2016
Trash

VGC is the most planned developed estate in Lagos...a whole lot better than ur banana nonsense..

You are here gloating over underground phcn lines .. Something that has been in VGC since 1995....

VGC has well planned recreation centers...greenry....lawns....all roads are interlocked unlike banana island that some of their roads are still red earth....leave matter I will always take vgc and even nicon estate over that overhyped banana island
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Generalyemi(m): 7:20am On May 28, 2016
CzarRex:
FTC

waiting for those igbo boys to storm this thread claiming they were the one who developed banana island.

zombie,keep waiting...u get house for b.island?

poor trabalist dude, go play ijebu,number don show

4 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by olajizz01(m): 7:20am On May 28, 2016
justicejay:
Land in maitama is expensive than a House in banana
Are u joking or u don't read the article,land alone cost hundreds of millions and billion in banana island depending on the size,are we not privy on amount house is sold in that maitama u are talking about.pls stop the joke.
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by CzarRex: 7:21am On May 28, 2016
Barselonia:
Okay..
this one way una dey shout banana island by the time dem TOMATO island, una go fear oo
Tomato island exists, its in Queensland, Australia
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by CzarRex: 7:24am On May 28, 2016
Generalyemi:


zombie,keep waiting...u get house for b.island?
oboy I am not a zombie neither am I a wailer,be careful in calling someone, something they're not.


I gat my own house in tomato island, Queensland Australia
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by TeamSimple(m): 7:28am On May 28, 2016
And dezeani boyfriend (aluko) get 48 apartments for there. It's well.
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Pennywise(m): 7:28am On May 28, 2016
wilcox:
Am still not convinced. I can create my plantain Island myself. The hyping is ridiculous
Plantain island already exists. It's called ajegunle. Go get your plot.
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by goodgate: 7:33am On May 28, 2016
sauceny:
Houses in maitama abuja are expensive than that of banana island
Guy forget about what you see on net,most houses for sale in Banana Island are not advertised online,some of the ones you see on some sites were put up there by scammers,you have to be careful. So you have to go to the bigtime Real Estate Consultants to get accurate prices.

2 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by illrhymes(m): 7:36am On May 28, 2016
sauceny:
Houses in maitama abuja are expensive than that of banana island
i know una kind of people, that like comparing things......Mumu have you ever been to Banana Island before? Ode!
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by illrhymes(m): 7:38am On May 28, 2016
bigboss80s:
Did u just compare Banana Island to upscale areas in France? Those places are not just expensive because of good-looking buildings. These are fully developed and truly secure neighbourhoods not just cute buildings with crime-ridden, nasty looking surroundings. We still haven't grasped the idea of true development in this country and until we do we should not even attempt to compare ourselves to developed countries. We are light years behind them.
as in ehn! meanwhile the person comparing havent been to France! i just feel like crying for our mentality
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by gebest: 7:39am On May 28, 2016
Guess Ogede island sorry i mean Banana Island is the most beautiful/exspensive estate in Nigeria.
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by niggi4life(m): 7:44am On May 28, 2016
flyca:
I1) Security
Banana Island is a gated community, meaning exit and entry are monitored, this makes it highly secured. What is luxury if there is no security? Of course terror! Banana Island bridges security gap and optimizes safety for it dwellers.
2) 24/7 power supply
3) Excellent Clean Water Supply
4) Good Road Networks
5) Seriene Environmet
6) Well-cherished company...

Funny country! In sane societies, you dont have to be so rich or special to have access to these.
God bless u bro... I was about saying this.
Infact in developed countries, all the listed above are what is termed as basic amenities, yet down here it becomes a luxury

3 Likes

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Nobody: 7:46am On May 28, 2016
illrhymes:
i know una kind of people, that like comparing things......Mumu have you ever been to Banana Island before? Ode!

irate sadist,your opinion doesn't count...It wasn't ma fault your life is bitter.
Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by EmperorTayo1864(m): 7:48am On May 28, 2016
Yomieluv:
All the reasons you listed,didn't justify the highly exhirbitant fee.

Well planned neighborhood can also have all these.

Your reasons are lame.

Basic human needs.

you are right

1 Like

Re: Top 6 Reasons Why Real Estate In Banana Island Is The Most Expensive When Compar by Nobody: 7:54am On May 28, 2016
goodgate:
Guy forget about what you see on net,most houses for sale in Banana Island are not advertised online,some of the ones you see on some sites were put up there by scammers,you have to be careful. So you have to go to the bigtime Real Estate Consultants to get accurate prices.

When it comes to beauty,i give it to banana island,asokoro & maitama are where most Ex Generals/Presidents/Governors/Ministers live.

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